KUALA LUMPUR: The ringgit extended its downtrend against the US dollar on Monday on stronger buying support for the greenback as the market turns its focus on the upcoming US Federal Open Market Committee (FOMC) meeting on May 3 and 4, said an analyst.
At 9.00 am, the local note dipped to 4.3320/3365 versus the greenback from Friday’s close of 4.3230/3270.
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